Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Air Berlin Plc    AB1   GB00B128C026

AIR BERLIN PLC

(AB1)
  Report
SummaryQuotesNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Lufthansa adds more long-haul routes after Air Berlin insolvency

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/27/2017 | 08:52am EST
FILE PHOTO: File picture of planes of the Lufthansa airline on the tarmac in Frankfurt airport

BERLIN (Reuters) - Lufthansa (>> Deutsche Lufthansa) is restarting long-haul flights from Berlin and growing the long-haul fleet of budget unit Eurowings, moving into the gap left by insolvent rival Air Berlin (>> Air Berlin Plc).

BERLIN (Reuters) - Lufthansa (>> Deutsche Lufthansa) is restarting long-haul flights from Berlin and growing the long-haul fleet of budget unit Eurowings, moving into the gap left by insolvent rival Air Berlin (>> Air Berlin Plc).

Lufthansa will fly from Berlin to New York from November, basing a long-haul jet in the German capital for the first time since 2001, it said on Wednesday.

It will also increase the long-haul fleet of Eurowings to 10 A330 aircraft for summer 2018, against a planned seven by the end of this year.

Air Berlin, which filed for insolvency in August, will end its remaining long-haul routes from Oct. 15 after leasing companies recalled their planes.

Some of the Air Berlin planes have already found a new home. Malaysia Airlines on Wednesday said it was planning to lease six second-hand A330 planes from AerCap (>> AerCap Holdings N.V.), with local media reporting CEO Peter Bellew as saying the planes were coming from Air Berlin.

(Reporting by Victoria Bryan; Editing by Christoph Steitz)

Stocks treated in this article : AerCap Holdings N.V., Deutsche Lufthansa, Air Berlin Plc
Stocks mentioned in the article
ChangeLast1st jan.
AERCAP HOLDINGS N.V. 0.43% 61.11 Delayed Quote.-0.59%
AIR BERLIN PLC 0.00%End-of-day quote.-18.42%
LUFTHANSA GROUP AG 1.18% 14.585 Delayed Quote.-12.22%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIR BERLIN PLC
2018Lufthansa's Eurowings says Air Berlin plane transfer almost done
RE
2018No antitrust probe for Lufthansa over fares after Air Berlin collapse
RE
2018Air Berlin creditors plan to sue Etihad for damages
RE
2018AIR BERLIN : Lufthansa's Eurowings in talks to lease planes from Niki Lauda
RE
2018AIR BERLIN : Sale of Austrian airline Niki to Lauda has closed - insolvency mana..
RE
2018Model planes and chocolate hearts - Air Berlin surprised by auction success
RE
2018Ryanair prepares for new battle with pilots as profits rise
RE
2018EXCLUSIVE : Etihad scrambles to shore up $1.2 billion bonds before coupon crunch..
RE
2018Wizz Air says growth helped by faltering rivals
RE
2018AIR BERLIN : Niki Lauda bid for Niki beat IAG by 4 million euros - Bild am Sonnt..
RE
More news
Financials (EUR)
Sales 2017 -
EBIT 2017 -
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 -
Capi. / Sales2017 -
Capi. / Sales2018 -
Capitalization 0,47 M
Chart AIR BERLIN PLC
Duration : Period :
Air Berlin Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 0,00  
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers
NameTitle
Thomas Winkelmann Chief Executive Officer & Executive Director
Joachim Edmund Hunold Chairman
Oliver Iffert Chief Operating Officer
Courtelis Dimitri Chief Financial Officer
Kevin N. Knight Director
Sector and Competitors
1st jan.Capitalization (M$)
AIR BERLIN PLC-18.42%1
DELTA AIR LINES INC.3.06%38 835
UNITED AIRLINES HOLDINGS, INC.-3.64%21 478
RYANAIR HOLDINGS PLC3.62%18 262
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, SA-2.56%15 841
AIR CHINA LIMITED-16.13%15 787